Distribution center storage and inventory control may not seem like the sexiest parts of a multichannel business. But unless you have the product in stock — and your warehouse workers can get to it ...
An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.
Decision rules for inventory control are designed to eliminate the uncertainty related to the prevailing economic environment. Businesses of all sizes must have positive control over inventory to ...
Just over a decade ago, an article titled, "Advanced Control Strategies Move into the Field" (Control, October 2008), highlighted three evolving trends in the process control world that would "make ...